The Hidden Tariff of Crypto Scams: How 1 in 56 Americans Are Targeted Each Year

Every American, consciously or unconsciously, silently is a perpetrator of crypto fraud. It sucks $53 billion every year out of the economy of the U.S., and this is not on the side of victims only. The amount is, therefore, the implicit economic burden at $158.68 headcount in loss. The necessity of having a recovery service for cryptocurrencies is immense.

Worse, more than 6 million Americans—or 1 in 56 people—fall prey to those scams yearly. This is not a niche problem. Instead, it’s an industrial-scale operation run by organized crime, exploiting regulatory blind spots and technological loopholes to siphon wealth at an unprecedented rate. For the victims of such frauds, the best crypto scam recovery can help recover their lost resources. With the popularity of cryptocurrency recovery services, now is the time for victims to fight back. A well-established process of crypto recovery can make all the difference between the successful recovery of stolen funds and combating fraud. The surging number of crypto scam cases is why there’s great urgency in discovering protective measures and solutions in recovery.

Crypto Scams: The Unseen Economic Drain

We hear endlessly about the impact of financial fraud on an individual—the ruinous loss of savings, emotional stress, and inability to recover. At such scale, though, fraud is no longer an issue confined to large personal categories. A financial ecosystem riddled with unchecked fraud creates:

• Less Trust in Innovation: When bad actors run rampant, legitimate blockchain technology struggles to gain credibility.
• Higher Costs for Everyone: Financial institutions, businesses, and regulators must allocate more resources to fraud prevention, passing the costs onto consumers.
• A Pipeline for Organized Crime: Many crypto scams aren’t just run by lone fraudsters. They are part of larger global networks funding illicit activities beyond the digital world.

Every scam that goes unchecked strengthens these networks and increases their sophistication.

Who’s Being Targeted?

Scammers are strategic. They don’t go after just anyone—they look for financially secure, educated professionals who are least expecting it. Some of the most common victims include:

• Doctors, Engineers, and IT Professionals—People who can afford to invest but might not have the time to research deeply.
• Retirees and High-Net-Worth Individuals—Those with substantial savings, often targeted through social engineering.
• People Looking for Online Relationships—Romance scams continue to be a major driver of crypto fraud.
• They use advanced psychological manipulation, social engineering, and even AI-generated interactions to make their scams look legitimate.

How Do We Fight Back?

At Lionsgate Network, blockchain forensics helps us track the stolen crypto and trace it, find criminal wallets, and help victims recover their money through our crypto recovery service.

• We expose scam networks and strive to uncover buried fraud schemes, making us the best crypto scam recovery solution for those looking for justice.
• Cryptocurrency recovery efforts have been bolstered by providing actionable data for law enforcement through subpoenas and seizures.
• We assist victims to fight back with real investigative power—not just promises—through our expert crypto recovery strategies.

This is not just a matter of fraud prevention; it’s about reclaiming the financial system from fraudsters who have treated it as a playground for far too long. With our crypto scam expertise, we bring transparency and accountability to the digital asset space.

Crypto Scams Are a $53B Problem. What’s Next?

If we don’t address crypto fraud with the urgency it deserves, it will continue to escalate. The solution?

• More Transparency: Financial platforms and crypto exchanges must increase security and accountability.
• Stronger Enforcement: Law enforcement needs better forensic tools and more resources to go after scammers.
• Consumer Education: More people need to know red flags before they become a victim.